Biora Therapeutics, Inc. PROG

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0.88 +0.88

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Market cap
162.92M
Revenue (ttm)
1.25M
Shares out
184.20M
Forward P/E
-2.39
Analysts
Strong Buy
Price target
4.00 (+352.2%)
Earnings date
May 10, 2022

2Y -2.6355 (-74.87%)

2.00004.0000Nov 21Dec 21Feb 22Mar 22Apr 220.8845

Key statistics

Enterprise value
192.65M
PEG ratio
0.00
Price / sales
130.65
Price / book
0.00
Dividend yield
0.00%
Payout ratio
0.00%
Revenue growth
310.40%
Free cash flow
-52.35M
Total cash
88.40M
Total debt
126.89M
Return on equity
0.00%
Short % of float
0.00%
50-day average
1.07
200-day average
1.78

Earnings

PROG recent earnings
Report dateQuarter endingEPS estimateEPS reportedSurpriseSurprise %
May 10, 2022Mar 1, 2022-0.12———
Mar 28, 2022Dec 1, 2021-0.13———
Nov 10, 2021Sep 1, 2021-0.47———
Aug 12, 2021Jun 1, 2021-0.80———
May 13, 2021Mar 1, 2021-0.83———
Mar 18, 2021Dec 1, 2020-0.76———

Upgrades / downgrades

PROG analyst upgrades and downgrades
DateFirmActionFromTo
Oct 14, 2021HC Wainwright & Co.init—Buy
Jun 3, 2021Raymond JamesdownOutperformMarket Perform
Jun 3, 2021BairddownOutperformNeutral
May 17, 2021Wells Fargomain—Underweight
May 14, 2021Raymond Jamesmain—Outperform
Feb 8, 2021Wells FargodownOverweightUnderweight

About Biora Therapeutics, Inc.

Progenity, Inc., a biotechnology company, provides develops and commercializes molecular testing products in the United States. The company develops targeted oral delivery of biotherapeutics, including PGN-600, an orally delivered liquid formulation of tofacitinib for the treatment of ulcerative colitis; and PGN-001, an orally delivered variant of adalimumab for the treatment of ulcerative colitis. It also develops systemic oral delivery of biotherapeutics, which include PGN-OB, a combination product of a variant of adalimumab and the Oral Biotherapeutics Delivery System (OBDM) for the treatment of inflammatory conditions; and PGN-OB2, a combination product of a GLP-1 receptor agonist and the OBDS for the treatment of Type 2 diabetes. In addition, the company develops Recoverable Sampling System, an ingestible smart capsule designed to autonomously identify locations in the GI tract, collect, and preserve a sample for analysis; and PIL Dx, an ingestible smart capsule designed to sample, measure, and transmit results. It has partnership agreement with Ionis Pharmaceuticals to evaluate the OBDS for delivery of antisense oligonucleotides. The company was formerly known as Ascendant MDX, Inc. and changed its name to Progenity, Inc. in November 2013. The company was founded in 2010 and is headquartered in San Diego, California.

Country
United States

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Insider holders

PROG insider holders
InsiderRelationLatest transactionDateShares held
ATHYRIUM OPPORTUNITIES FUND A, L.P.Beneficial Owner of more than 10% of a Class of SecurityPurchaseJun 13, 20210
BIGALKE JOHN TDirectorStock Award(Grant)Jun 13, 202147,518
D'ESPARBES ERICChief Financial OfficerStock Award(Grant)Apr 14, 2022423,171
HOWE JILL ANNDirectorStock Award(Grant)Nov 2, 202176,754
KOTZIN BRIAN LDirectorStock Award(Grant)Jun 13, 202147,518
MOHANTY ADITYA PChief Executive OfficerStock Award(Grant)Nov 7, 20211,412,430

Institution ownership

PROG institution ownership
Holder% heldSharesValueReported
Athyrium Capital Management, LP16.21%29,855,84762.40MDec 30, 2021
Neuberger Berman Group, LLC3.55%6,541,0607.59MMar 30, 2022
Vanguard Group, Inc. (The)2.80%5,155,8965.98MMar 30, 2022
Blackrock Inc.0.90%1,662,0821.93MMar 30, 2022
Geode Capital Management, LLC0.63%1,153,4111.34MMar 30, 2022
Susquehanna International Group, LLP0.52%955,3171.11MMar 30, 2022

Fund ownership

PROG fund ownership
Holder% heldSharesValueReported
Vanguard Total Stock Market Index Fund1.64%3,025,9776.32MDec 30, 2021
Vanguard Extended Market Index Fund0.86%1,575,4063.29MDec 30, 2021
Fidelity Extended Market Index Fund0.33%615,326830.69KFeb 27, 2022
Fidelity Total Market Index Fund0.11%210,765284.53KFeb 27, 2022
Fidelity Series Total Market Index Fund0.07%121,330163.79KFeb 27, 2022
Fidelity NASDAQ Composite Index Fund0.04%80,797109.08KFeb 27, 2022